Financial Supports
Foster parents are entitled to a monthly payment allowance intended to help them cover a portion of the costs of caring for children in their home. Below you will find information about room and board rates in New York State, tax issues and liability insurance.
- NYS Foster Care Boarding Home Rate Information
- Guide to Federal Tax Benefits for Foster/Adoptive Parents and Kinship Caregivers
- Claiming Children in Care as Dependents
- Liability Insurance for Foster Parents: A Discussion Paper from NRCFCPP (pdf)
Last modified: March 19, 2009
